5.50% 12-Month CD at a Texas CU Continues (San Antonio)

San Antonio FCU continues to offer a special 5.50% APY 12-month certificate. The minimum deposit is $1,000. I last reported on this CD in February.

The credit union also has a Liquid Share Certificate with a competitive rate of 5.30% APY for a term of 12 months. The minimum deposit is $5,000. This allows unlimited additional deposits during the term. Also, you're allowed two no-penalty withdrawals as long as a minimum balance of $5K is mantained. Other competitive rates include a 5.55% APY on a 7-year and 10-year CD with a minimum deposit of $10K. Rates have gone down a bit since my last report.

Field of membership includes those who work for government or financial institutions in San Antonio or those in college in San Antonio. You can also be eligible via Select Employer Groups in San Antonio and in Houston and via family. See site for details. Branches are located in both Houston and San Antonio.

The credit union is federally insured by the NCUA. It's a large credit union with $2 billion in assets and 236,594 members.

Tags: San Antonio Federal Credit Union , CD rates, Texas